The Servicers shall not do any of the following without the prior approval of the Company: 

  




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| --- | --- | --- |
|   | (a) | sell (or enter into any agreement to sell) or otherwise dispose of the Aircraft (excluding any sale or exchange of any Engine, parts or components thereof or aircraft
or engine spare parts or ancillary equipment or devices furnished therewith) forming part of the Aircraft;  |

  




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| --- | --- | --- |
|   | (b) | enter into any new lease (or any renewal or extension of an existing Lease);  |


 




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| --- | --- | --- |
|   | (c) | terminate any Lease with respect to the Aircraft except in the case of an actual or likely lessee default, bankruptcy or insolvency;  |


 




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| --- | --- | --- |
|   | (d) | enter into on behalf of the Company any order or commitment to acquire Aircraft, engines or any part thereof; and  |


 




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| --- | --- | --- |
|   | (e) | make or consent to any material modification (to the extent that either Servicer has any right to make, consent to, or prevent any modification) to any required
insurance or cause the Aircraft to be employed in any place or in any manner or for any purpose inconsistent with the terms of or outside the coverage provided by any required insurance.  |


 




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| --- | --- | --- |
|   | 7. | Notices.  |